Kagara provides Victoria deposit drilling update

Hole 951 recently drilled at Kagara Zinc Ltd’s Victoria deposit near Chillagoe in...

  Hole 951 recently drilled at Kagara Zinc Ltd’s Victoria deposit near Chillagoe in North Queensland has intersected 42.31m at 4.1% zinc, 1.0% copper and 16 grams per tonne (g/t) silver from a depth of 364.50m.The zone also included 8.10m at 2.4% copper, 1.8% zinc and 46 g/t silver from 364.80m and 6.82m at 8.2% zinc, 0.8% copper and 11g/t silver from 392.68m. In addition a 4.30m zone grading 6.7% zinc, 1.0% copper and 5g/t silver was intersected 50m above the main zone. Hole 951 lies approximately 180m vertically beneath hole 949 which intersected 26.84m at 6.0% zinc.Ore grade mineralisation has now been intersected at Victoria over a 400m strike length and has a vertical extent of at least 350m. Two drill rigs are currently on site and drilling is continuing.